Offering deep industry experience to help companies succeed in a complex environment
Energy companies are working hard to meet demand, braving new frontiers for exploration and production while developing technologies to tap challenging reservoirs and unconventional fuel sources. And they’re doing it in an environment where resources are constrained and government policies are in flux. With more than 1,500 energy audit, tax, transaction, and advisory professionals in the US alone, the Ernst & Young Oil & Gas Center in Houston is poised and ready to respond to the pressures and problems energy companies face.
“Ernst & Young energy professionals are located in key oil and gas producing markets throughout the globe with extensive audit, advisory, tax and transaction experience to provide well-informed practical advice to our clients,” said Charles Swanson, Houston Office Managing Partner.
WHAT WE DO
Assurance: Ernst &Young’s risk-based approach to audit services focuses on the drivers of the business, the associated risks and their potential effects on financial statements.
Advisory: Our performance improvement services are focused on finance, supply chain operations, and customer management. Ernst &Young helps clients mitigate risk in financial and operational areas of energy companies.
Tax: Our integrated global network is comprised of dedicated international tax professionals who work together to help clients uncover opportunities, manage global tax risks, meet cross-border reporting obligations, deal with transfer pricing issues and the demands of tax filing in multiple jurisdictions.
Transactions: Ernst & Young provides financial, tax, technology, operational, commercial and legal due-diligence assistance for energy companies involved in mergers and acquisitions. Post-deal, we provide integration support.
HOW WE DO IT
The Oil & Gas Center works with some of the world’s largest integrated energy companies, as well as many of the largest independent exploration and production, oilfield services and refining and marketing companies. “Our clients benefit from our knowledge and experience working with a variety of energy companies,” said Americas Oil and Gas Sector Leader, Marcela Donadio. “We’ve seen different scenarios played out, lived the implementations and experienced the results. As a result, we’re providing tried and true counsel to our clients.”